Showing posts with label markets. Show all posts
Showing posts with label markets. Show all posts

Saturday, 4 April 2015

Greece says ready to make IMF payment on April 9

Greece will repay a loan tranche to the IMF on time on April 9, its deputy finance minister said on Friday, seeking to quell fears of default after a flurry of contradictory statements on the issue in recent days.

Monday, 30 March 2015

Dollar supported even as Yellen drives home message of patience

The dollar inched higher versus the yen and euro on Monday after the head of the U.S. Federal Reserve underscored the view that the Fed is likely to start raising interest rates gradually later this year.

Sunday, 29 March 2015

U.S. jobs to add heat to Fed lift-off debate

The state of the U.S. labor market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike.

Thursday, 26 March 2015

Dollar drifts lower, undermined by soft U.S. data

The U.S. dollar ground lower in small ranges on Thursday, edging towards a four-week low against the yen in the wake of disappointing U.S. data that suggested the greenback's recent rally is on ice for now.

Wednesday, 25 March 2015

Brent slides, U.S. crude holds flat on resilient dollar

Brent crude oil fell on Tuesday as the dollar regained its footing against the euro and fears of global oversupply persisted, while U.S. crude was buoyed by strong domestic economic data.

Sunday, 22 March 2015

Saudi Arabia's OPEC governor: hard to reach $100-120 oil again

Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.

Friday, 20 March 2015

Brent oil falls towards $54 on OPEC output, Iran

Brent crude oil fell towards $54 a barrel on Friday and was on track for its third straight weekly loss, hurt by oversupply worries after Kuwait said OPEC had no choice but to maintain output levels.

Wednesday, 18 March 2015

Dollar bulls bank on Fed losing its patience

The dollar stood steady in Asia on Wednesday just hours before the Federal Reserve was expected to take a major step toward lifting interest rates for the first time in almost nine years.

Brent falls towards $53 after U.S. crude stocks rise; weaker dollar limits fall

Brent crude fell towards $53 a barrel on Wednesday as U.S. crude stocks were forecast to have surged for the tenth straight week to a new record high, fuelling supply concerns of a global oil glut, although a weaker dollar kept a floor under prices.

Monday, 16 March 2015

Oil drops on Iran nuclear talks, ample stocks

Brent crude oil fell to around $54 a barrel on Monday, its lowest for more than a month, on rising global inventories and signs of a possible nuclear deal with Tehran that could allow more Iranian oil exports.

Sunday, 15 March 2015

UK's Osborne to allow pensioners to cash in annuities: newspapers

British finance minister George Osborne will allow pensioners to cash in annuities in exchange for lump sums in his annual budget next week, British newspapers reported, in a move designed to woo voters before a May national election.

Friday, 13 March 2015

Dollar hits speed bumps, euro gets some reprieve

The U.S. dollar nursed modest losses on Friday after investors booked profits in an extended rally that has driven the greenback to successive multi-year peaks this week.

Thursday, 12 March 2015

Euro continues to probe 12-year lows, U.S. data awaited for cues

The euro slumped to a new 12-year low on Thursday, reeling from an unrelenting onslaught after the European Central Bank started its quantitative easing (QE) campaign, highlighting the monetary policy divergence between the euro zone and the U.S.

Tuesday, 10 March 2015

Dollar at 12-year peak on euro, emerging markets spooked

The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion.

Monday, 9 March 2015

Chinese cooldown and Greek funding in focus

China's cooling growth prospects and an interest rate decision in Russia will shift the economic agenda away from the euro zone next week, although Greece remains firmly in the spotlight because of its precarious funding outlook.

Saturday, 7 March 2015

Greece must reform and forget Syriza's 'false promises:' ECB's Coene

 Greece must realize there is no other way than to reform, European Central Bank governing council member Luc Coene said in an interview published on Saturday, telling Greeks they had been sold "false promises" by radical leftists now in power.

Wednesday, 4 March 2015

Dollar clings near 11-year high ahead of U.S. data, ECB

The dollar held firm near an 11-year high versus a basket of major currencies on Wednesday, as investors awaited U.S. economic data and a European Central Bank meeting later this week for fresh clues on policy direction.

Monday, 2 March 2015

Dollar hits 11-year high, rises broadly after China rate cut

The dollar hit an 11-year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut in China dented the Chinese yuan and emerging Asian currencies.

Thursday, 26 February 2015

Global equities fall as decline in oil drags on energy shares

Global equities declined slightly on Thursday as a pullback in oil prices due to rising inventories dampened investor enthusiasm while the dollar rose as data revived confidence in the U.S. economy.

Wednesday, 25 February 2015

Euro zone backs Greek aid extension, seeks clearer reforms

Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan, as Athens backed away from some proposed measures and promised that spending to alleviate social distress would not derail its budget.